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Forecast sales volume and sales budget For 2 0 Y 8 , Raphael Frame Company prepared the sales budget that follows. At the end of

Forecast sales volume and sales budget
For 20Y8, Raphael Frame Company prepared the sales budget that follows.
At the end of December 20Y8, the following unit sales data were reported for the year:
Line Item Description Unit Sales
8"\times 10"
Frame Unit Sales
12"\times 16"
Frame
East 29,56115,080
Central 7,5753,430
West 6,6242,369
Raphael Frame Company
Sales Budget
For the Year Ending December 31,20Y8
Product and Area Unit Sales
Volume Unit Selling
Price Total Sales
8"\times 10" Frame:
East 28,700 $28 $803,600
Central 7,50028210,000
West 6,90028193,200
Total 43,100 $1,206,800
12"\times 16" Frame:
East 14,500 $29 $420,500
Central 3,50029101,500
West 2,3002966,700
Total 20,300 $588,700
Total revenue from sales $1,795,500
For the year ending December 31,20Y9, unit sales are expected to follow the patterns established during the year ending December 31,20Y8. The unit selling price for the 8"\times 10" frame is expected to increase to $29 and the unit selling price for the 12"\times 16" frame is expected to increase to $31, effective January 1,20Y9.
Required:
Question Content Area
1. Compute the increase or decrease of actual unit sales for the year ended December 31,20Y8, over budget. Use the minus sign to indicate a decrease in amount and percent. Round percents to the nearest whole percent.
Line Item Description Unit Sales,
Year Ended
20Y8 Budget Unit Sales,
Year Ended 20Y8
Actual Sales Increase (Decrease)
Actual Over
Budget Amount Increase (Decrease)
Actual Over
Budget Percent
8"\times 10" Frame:
East fill in the blank 1 of 24
fill in the blank 2 of 24
fill in the blank 3 of 24
fill in the blank 4 of 24
%
Central fill in the blank 5 of 24
fill in the blank 6 of 24
fill in the blank 7 of 24
fill in the blank 8 of 24
%
West fill in the blank 9 of 24
fill in the blank 10 of 24
fill in the blank 11 of 24
fill in the blank 12 of 24
%
12"\times 16" Frame:
East fill in the blank 13 of 24
fill in the blank 14 of 24
fill in the blank 15 of 24
fill in the blank 16 of 24
%
Central fill in the blank 17 of 24
fill in the blank 18 of 24
fill in the blank 19 of 24
fill in the blank 20 of 24
%
West fill in the blank 21 of 24
fill in the blank 22 of 24
fill in the blank 23 of 24
fill in the blank 24 of 24
%
2. Assuming that the increase or decrease in actual sales to budget indicated in part (1) is to continue in 20Y9, compute the unit sales volume to be used for preparing the sales budget for the year ending December 31,20Y9. Use the minus sign to indicate a decrease in percent. Round budgeted units to the nearest whole unit.
Line Item Description 20Y8
Actual
Units Percentage
Increase
(Decrease)20Y9
Budgeted
Units (rounded)
8"\times 10" Frame:
East fill in the blank 1 of 18
fill in the blank 2 of 18
% fill in the blank 3 of 18
Central fill in the blank 4 of 18
fill in the blank 5 of 18
% fill in the blank 6 of 18
West fill in the blank 7 of 18
fill in the blank 8 of 18
% fill in the blank 9 of 18
12"\times 16" Frame:
East fill in the blank 10 of 18
fill in the blank 11 of 18
% fill in the blank 12 of 18
Central fill in the blank 13 of 18
fill in the blank 14 of 18
% fill in the blank 15 of 18
West fill in the blank 16 of 18
fill in the blank 17 of 18
% fill in the blank 18 of 18
Question Content Area
3. Prepare a sales budget for the year ending December 31,20Y9.
Raphael Frame Company
Sales Budget
For the Year Ending December 31,20Y9
Product and Area Unit
Sales
Volume Unit
Selling
Price
Total
Sales
8"\times 10" Frame:
East East
$East
$East
Central Central
Central
Central
West West
West
West
Total Total
$Total
12"\times 16" Frame:
East East
$East
$East
Central Central
Central
Central
West West
West
West
Total Total
$Total
Total revenue from sales $Total revenue from sales

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